GLNG News and Press, Golar LNG Limited From 02/02/21

Horos is an asset management firm that knows the benefits of value investing over the long term. We invest in companies that we consider, after analyzing them, to have a value higher than the price they ask for within the stock market. In our search for companies with potential an...

Company surprisingly sells its stakes in busted IPO Hygo Energy Transition and Golar LNG Partners to peer New Fortress Energy. In aggregate, the transactions will provide approximately $130 million in much-needed liquidity. In addition, the company will receive 18.6 million shares of ...

Golar LNG's ([[GLNG]] +3.7%) sale of both the Hygo Energy joint venture and Golar LNG Partners ([[GMLP]] +22.6%) to New Fortress Energy ([[NFE]] -3.6%) eliminates nearly all of Golar's financing issues, Stifel analysts say.The firm's estimate of Hygo's valuation dropped to $750M after th...

New Fortress Energy Inc. (NASDAQ: NFE) has reported entry into definitive agreements to acquire Hygo Energy Transition Ltd., a joint venture between Golar LNG Limited (NASDAQ: GLNG) and Stonepeak Infrastructure Fund II Cayman Ltd.  “With a strong presence i...

Shares of Golar LNG (NASDAQ: GLNG) surged more than 15% by 10 a.m. EST on Wednesday. Fueling the LNG stock was a deal to sell its joint-venture interest in Hygo Energy and stake in Golar LNG Partners (NASDAQ: GMLP) to New Fortress Energy ...

Golar LNG (GLNG) +21.7% pre-market after New Fortress Energy (NFE) agrees to acquire Hygo Energy, a 50-50 joint venture between Golar LNG and Stonepeak Infrastructure, as well as Golar LNG Partners (GMLP), in two deals valued at a combined $2.43B on an equity basis and ~$5B on an enterprise v...

Acorda Therapeutics (ACOR) +54% after announcing agreement for sale of manufacturing operations and long-term global supply agreement.Summit Midstream Partners (SMLP) +45% after winning FERC construction OK.WiMi Hologram Cloud (WIMI) +38% on obtaining a patent for a 3D holograp...

January 13, 2021 – Golar LNG Limited (Nasdaq: GLNG) (“GLNG”) today announced that it and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”) have entered into a definitive agreement and plan o...

Investment Highlights NFE will become the leading gas-to-power company in Brazil, one of the largest economies in the world with a population of over 200 million Adds 2700MW of power generation operational or in development and robust customer pipeline in Brazil’s r...

A year-ahead look at marine transport from BofA envisions a "tale of two halves" for crude and product tankers, while tight container markets could "unwind" and normalize in the second half as well. Carrier stocks in 2020 fell 34% from 2019 - the sector's sixth underperformance of the S&P...